Volume 9 Issue 5                                                    INTERNET EDITION                                                           May 2004.

We trust that this issue of the Internet Edition will continue to provide interesting reading. The name of this Internet based newsletter is in keeping with the content so, bearing in mind our disclaimers, the Internet links selected are usually complimentary to the featured article in regard to: (1) illustrations and, (2) additional important information. Please also bear in mind that many Internet links are of a temporary nature.



Anyone who wishes to apply for membership to the non-profit making organization, and who is prepared to abide by the rules of the Society and its aim of promoting the study and enjoyment of the hobby of numismatics, should contact the following address for an application form and details of subscriptions: 


Tasmanian Numismatic Society.

G. P. O. Box 884J

Hobart. 7001.




Whilst it is always a great pleasure to receive articles and ideas from fellow  'Tasmanian Numismatic Society' members and all other readers, it is that time of the year when, as Editor, I must remind those contributors, and potential contributors, that the 'Tasmanian Numismatist - Internet Edition' publication is designed as an adjunct to the official T.N.S. newsletter (the 'Tasmanian Numismatist' ) and it is not a monthly magazine or journal officially produced by the Society - nor has it unlimited Web capacity.

The 'Tasmanian Numismatist - Internet Edition' originated in April 1996 and, although it has the Society's blessing and full co-operation, it is prepared by a few dedicated members on a purely private basis, and has been allowed to carry the 'Tasmanian Numismatist' banner as recognition of its voluntary affliation.

It's continued availability is undertaken as a contribution to the Society's well-being by the members who prepare the publication and make it available for Internet access at no cost to the Society.

The function of the 'Tasmanian Numismatist - Internet Edition' is to educate and entertain across a broad range of numismatics, therefore it operates under the same guidelines suggested by the Society with the official 'Tasmanian Numismatist' newsletter and, on occasion, will share features and other items of note.

Occasionally, we receive suitable articles of sustantial content that may need to be serialised - or held-over - so that adequate space can be devoted to other items of topical interest to our readers. Please bear this in mind when submitting in-depth studies that may, in fact, be more suited to a more professional commercial publication with relatively unlimited publishing space.

The decision to accept any literary material for publication in the 'Tasmanian Numismatist - Internet Edition' is at the sole discretion of the Editor.



An Editor's Award is available for presention for a suitable published article, received prior to Nov-December of the current year, that the editor judges to be worthy of special recognition. This is not a T.N.S. members' only award and any reader is eligible to submit numismatic literary items.

The Editor's Award consists of a Certificate of Recognition and a single annual subscription (or a numismatic prize to that value) to the 'Tasmanian Numismatic Society' for the following 12 months. There may be more than one award presented, however, it is at the sole perogative of the Editor whether any award(s) will be made each year.



We were advised that last month's Internet newsletter did not translate too well over the Web onto some of our readers' computers - in particular, the Chinese characters in the article 'Chinese Cash'. We have been advised that the encoding on some older computers needed to be adjusted to accommodate some foreign scripts and, while it appeared correct on our end, the newsletter was received without the Chinese symbols by some readers.

By placing the cursor on the Internet page and clicking on the right side mouse button, a menu including the word Encoding should appear. By highlighting that word, a selection of scripts will appear - in this instance 'Simplified Chinese' is the one required. The Chinese script will appear for reading on the Internet copy but the process may need to be repeated at each access on older machines.


NOTE FROM THE 'TOKENGUY'. Jerry Adams (T.N.S. member #363)

"In the last Internet newsletter you wrote the piece about the State of West Virginia being for sale on the Internet...you also mentioned the laugh that John Denver (1943-1997) might have had at the proposed sale of the U.S. state he wrote about in his hit song "Take Me Home, Country Roads"

On an 'it's a small world' note, you may also be interested to know that John Denver went to high school here in Fort Worth, Texas at the Arlington Heights High School (which is on the west side of Fort Worth - not in the City of Arlington).

John Deutschendorf Jnr. (John Denver) then majored in Architecture at Texas Tech. University, where I graduated. 

He was only 4 years older than myself, so it is possible he was there during the six years while I was at T.T.U., although I have no personal recollection of him. 

We former students always felt a sort of 'cosmic' link to John Denver, via his shared background of attending school in Fort Worth and also in the Architecture program at Tech.  Of course, his dad was in the U.S.Air Force and they moved around a lot as most people who followed John Denver's career would know.

John Denver will be remembered for his wonderful musical talent, his dedication to the conservation of nature and his compassion towards his fellow Man."





1942 - 1968 (Part 1)

by Graeme Petterwood T.N.S. Member #332.

During the last 60 years or so, the situation to the north of Australia has changed drastically - some things have had devastating consequences and a need to look at some aspects of the history of the area is warranted - but I must leave that to more devoted historians and analysts than I could ever be.

However, the development of the currency of our nearest neighbour, Indonesia, should be of some considerable interest to all numismatists, particularly those who collect banknotes that take us on an historical voyage. The most interesting era was at the most turbulent time in modern history when all the world was at the war - and that is the place that we will jump in.

The first series of notes we will look at were printed by the American Banknote Company and originally for release in March 1943; they featured the effigy of Queen Wilhelmina and commenced at 50 Cents (Lima Poeloeh Sen), 1 Gulden (satoe Roepiah), Gulden (Doea Roepiah Lima Poeloeh Sen) which all had a similar obverse and reverse. The main differences were in the shape of the denomination (central and/or corner) cartouches on both sides of the range of notes.

The smallest denomination was printed in Orange, the next was in Black tones and the next in Violet - all reverses were in Dark Green. The higher denomiations of 5 Gulden (Lima Roepiah) was Blue, the 10 Gulden (Sepoeloeh Roepiah) was Red, the 25 Gulden (Doea Poeloeh Roepiah) was in Brown, while the largest denomination of 100 Gulden (Seratoes Roepiah) and 200 Gulden (Doea Seratoes Roepiah) were printed in Brown and Grey-Blue respectively. Notes from 5 Gulden - 200 Gulden all featured a dark- green reverse depicting the Airforce, Army and Naval forces of the Netherlands.


Netherland Indies series issue dated 2nd. March 1943. The higher denominations heralded the state of world affairs at that time .


Unfortunately, the show of strength on the notes did not match up to the armed might of the Japanese Empire. At the time these notes were issued the Japanese had already won virtual control of the Indonesian archipeligo. The Netherlands Indies Armed forces surrendered in early 1942 and the majority of the area fell  into the Japanese Co-prosperity sphere shortly afterwards. The Japanese were well prepared with their own Occupation currency (undated) which they quickly issued in 1942 wherever they came and conquered.

The initial Occupation notes ranged from One (Een) Cent through to Ten (Tien) Gulden. The denominations issued were: Een (1) Cent - Green & Pink, Vijf (5) Cent - Blue & Lt. Brown, Tien (10) Cent - Purple & Yellow, Half Gulden - Blue,Grey & Yellow, Een Gulden - Brown & Green, Vijf Gulden - Green & Yellow and  the Tien Gulden - Purple & Lt.Green. Some of the secondary colours are very hard to distinguish - but the reverses are always printed in the predominant colour shown on the obverse.




Low denomination Japanese Invasion Money, initially issued in the Netherlands East Indies during 1942, used Dutch text.


After centuries under the thumbs of various colonial masters, the idea of national pride and self-rule that was encouraged by the Japanese was quick to take root in Indonesia. The Japanese realised that, with the co-operation of the Indonesians, their dream of expansion into the material-rich archipeligo was no longer unattainable. To foster this belief of co-prosperity the Japanese, initially, made a huge effort to win over the population as potential equals - albeit conquered ones.

A second issue of currency was issued - this time with all relevant text in Indonesian.





Later Japanese-produced notes were supplied with an Indonesian text.


A range of notes from Half Roepiah - 100 Roepiah was issued during 1944 under the authority of Dai Nippon Teikoku Seihu (The Imperial Japanese Government).

A second design issue of 100 Roepiah was in circulation during 1944 - 45 under the authority of Pemerintah Dai Nippon (The Japanese Government) - the text was still in Indonesian and all notes featured rural or cultural motifs.

But the fortunes of war change and eventually the Japanese inflicted their most brutal methods of control on the people of Indonesia as they had in other countries that they had conquered. In 1945 the Allied forces - with the help of the A-Bomb - forced the Japanese into a position where they had no option than to surrender.

On 15th. August 1945, the Japanese forces surrendered, and, on August 17th. 1945, the Republic of Indonesia was proclaimed, mainly as a result of the Japanese conquest that drove out the Dutch colonial government and ignited the fires of self-determination. The Dutch tried to regain control over the Indonesian nationalists from 1946 until December 28th. 1949 and the monetary chaos went to ironic extremes.

In various areas, held by each of the warring factions, Japanese occupation currency was still treated as valid and was given an exchange rate in Gulden and Rupiahs until such time that the Dutch relinquished control and withdrew from Indonesia.

Later, on May 1st. 1963, Dutch New Guinea (West Irian) was handed over to Indonesia amid an international and bitter controversy that still lingers today.


A brief sketch of the development of the nation of Indonesia can be found at: http://news.indahnesia.com/Indonesia/Indonesia.php?code=INDHIS


All notes shown are from the author's collection of circulated currency. (Not to scale).

PART 2 - The conclusion of this article will be seen in our JUNE edition.


Additional Reference:

'Standard Catalog of World Paper Money' (Volume 2) Krause Publication.



In mid-March, our Texas member T.N.S. #363 Jerry Adams attended a token show in Spring (part of Houston) Texas with  an N.T.C.A. colleague Bob Smith.

The weather for their 4 hour drive there (and then back) on Saturday 13th March was atrocious, but Jerry informed me that the five hours they spent at show itself was great, in that he had the chance to meet up with several of his N.T.C.A. friends, establish new contacts, sell a bit of surplus stock - and best of all, he picked up some bargains. Several of Jerry's token collecting colleagues are also researchers and writers, and Jerry advises me that he has learnt that a few new publications are currently being prepared which will be of great use to collectors of U.S. tokens.

(As a very modest U.S. token collector myself, this news is welcome, as, with Jerry's assistance, I now have developed a particular interest in Texas tokens.)

"Mike Miller (on the left in the 2nd. picture below) is vice president of NTCA, he is with Harvey Thamm, who is a very quiet, but great guy, super token collector dealer and researcher. Mike Miller has one of the largest collections of USA saloon tokens and military tokens I have ever seen. He is knowledgable about rare tokens, from across the USA, not just one state or one region. A rarity for token collectors, as most know their state, or one or two states, Mike knows almost all states as to good tokens. There are only a handfull of token collectors with that kind of knowledge. It takes years of experience and dollars buying and selling, to accumulate that sort of info."
No doubt, Jerry will probably feature some of his latest acquisitions, including the one from Bonus, Texas - purchased from David Durocher - in forthcoming articles on his own temporary web-site page : http://www.gbronline.com/tokenguy/index.htm - or in this newsletter.



Jerry Adams (plus bargain) with David Durocher who (in conjunction with Robert Stone) is in the process of cataloguing Texas' tokens,

Jerry's other colleagues at the Houston show, Mike Miller and Harvey Thamm, were also looking for that elusive bargain. March 13th. 2004.


Jerry's token collecting friend, Bob Smith, also wanted one of David Durocher's bargains.


This year, Jerry and Bob Smith have decided that they will attempt to 'professionalise' their display table at the forthcoming major Omaha token show in September, so they have already put their hands in their pockets and plan to re-furbish it with some new lamps, glass-topped display cases, plus a new selection of cloth covers etc. - and they hope they will be very pleased with the extra amount of 'traffic' that they expect to attract.  As an old ex-market man (in a totally different field to my hobby), I already know that it's surprising what a little bit of window-dressing and attention to detail can achieve.

Jerry tells me that he believes the September event will be the last token show in Omaha for at least a year. The one for 2005, is to be located in another US city, possibly Chicago, Illinois. Thanks for the brief report and photos, Jerry!



The recently released 2004 Jefferson Nickel issued to celebrate the Louisiana Purchase in 1803 looked familiar, so I did a search-back amongst some picture scans and actual items provided by Jerry Adams to illustrate the range of Peace and Inaugural Medals issue by the U.S. Presidents.

It is now obvious that the design was adapted by the U.S. Mint from the series of a particular style of Peace Medallion that originated in 1789 and continued until 1850.

Refer: http://www.vision.net.au/~pwood/feb03.htm

A slight difference is that the Indian's wrist has a decorated band that includes a version of the American Eagle, looking over its right wing, similar to that portrayed on the 1807 Silver Half-Dollar and some other later issues. The new Nickel heralds the start of the Westward Journey Nickel Series and a team of 24 'outside the Mint' commercial artists and students have been selected to submit designs for future issues in the series.

Two new Nickel designs are scheduled for next year and the  familiar Monticello design will resume in 2006.



Presidential Peace and Friendship Medal (Type 2 Reverse) - 76mm diameter



 Design of 2004 Commemorative Jefferson Nickel 5 Cent coin - 21.2mm diameter.

(Sample coins all supplied courtesy of Jerry Adams)


It appears the commemorative Nickel has arrived - just in time to give the U.S. Mint another production boost and the numismatists and amateur  'coin collectors' another  bauble to collect in what had been a relatively sedate circulating coinage range. Many millions of these 10 Cent coins will be sought after and hoarded, just like the U.S. State Quarter series, by the internation numismatic community and each coin that is removed from circulation is, basically, a coin 'sold' at a small profit.

In business, it is an accepted principle that lots of small profits = one large profit, but it is also interesting that the U.S. Mint has also increased its prices for annual coin sets and special issues to cash in on the increased interest in U.S. coinage.



It is of interest, of late, to notice that some coin lists are arriving at the Editor's desk with pricing in Euros. That is nothing unusual, as the sources of many of these coin lists are international, but some are from very close neighbours of the U.S. and, to see coin prices in other than the traditional U.S. Dollars being quoted, came as a minor surprise - until I did my sums. At the time of writing this memo, the Euro was worth about US$1.21 on the cross rates - and maintaining its advantage.

The major international dealers work on the assumption that the currency designation would be noted and accepted without question by knowledgeable prospective buyers, and, usually, a suitable adjustment of pricing has been made to cater for the buying market if a change was made.

However, a possible cost increase of 20% on the buyer's bill could be caused by simply not noticing the more frequent conversion of the USDollar $ sign to the European € sign - and, if the assumption by the buyer is that all things remain in good old US Dollars, they will get a rude awakening. Things are slowly changing!

I know from my years of personal experience that 99.99% of legitimate dealers are very honest because their businesses rely on the goodwill they have built-up, however, it would pay to keep an eye open for the Currency sign in front of the 'numbers' to save any confusion or un-necessary confrontation when any final accounting needs to be settled, particularly with larger 'one-time' deals.

Exchange rates 10th April 2004:

US$1.00 = €0.83    A$1.00 = €0.63    GB£1.00 = €1.51 

€1.00 = US$1.21    €1.00 = A$1.58    €1.00 = GB£0.66







The ‘Tasmanian Numismatist’ newsletter is the only official newsletter of the ‘Tasmanian Numismatic Society’ and it is published periodically and distributed by post, or hand delivered, directly to members of the Tasmanian Numismatic Society and selected associates and institutions.

The ‘Tasmanian Numismatist’ (Internet Edition) version has been provided with space on this privately maintained Internet site and is currently presented free on a monthly basis by the member-provider with the aim of promoting the hobby of numismatics. All matters pertaining to the T.N.S. are re-published with the permission of the current Executive Committee of the  ‘Tasmanian Numismatic Society. The Tasmanian Numismatist' (Internet Edition) abides by the same basic guidelines suggested for the official 'Tasmanian Numismatist' newsletter.

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The ‘Tasmanian Numismatist’ and its 'Internet Edition' version takes no responsibility for disagreements between parties, and also reserves the right to only feature information that it considers suitable in promoting the hobby to our readers.  Deadline for any literary contributions or amendment to copy is 7 Days prior to the beginning of the month of publication. The contents of this Internet newsletter, and all prior issues, are copyrighted ©, but anything herein can be fairly used to promote the great hobby of numismatics; however, we do like to be asked by commercial interests if they wish to use any of our copy. 

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The Editor,

'Tasmanian Numismatist' & 'Tasmanian Numismatist' (Internet Edition). 

P.O. Box 10,

Ravenswood. 7250. Tasmania.


Internet Page: http://www.vision.net.au/~pwood/tns.html

Email: pwood@vision.net.au